Prosegur Compañía de Seguridad, S.A ("Prosegur") is a multinational security company, headquartered in

Madrid Madrid ( , ) is the capital and most populous city of Spain. The city has almost 3.4 million inhabitants and a metropolitan area population of approximately 6.7 million. It is the second-largest city in the European Union (EU), and ...

Spain , image_flag = Bandera de España.svg , image_coat = Escudo de España (mazonado).svg , national_motto = ''Plus ultra'' (Latin)(English: "Further Beyond") , national_anthem = (English: "Royal March") , i ...

History

Prosegur was founded in 1976 by Herberto Gut. It began as a

private security A private security company (PSC) is a business entity which provides armed or unarmed security services and expertise to clients in the private or public sectors. Overview Private security companies are defined by the U.S. Bureau of Labor Stat ...

company, with a particular focus on power plants, industrial facilities and shopping centres. In 1987, it became the first security company to list on the

Madrid Stock Exchange Bolsa de Madrid (; Madrid Stock Exchange) is the largest and most international of Spain's four regional stock exchanges (the others are located in Barcelona, Valencia, and Bilbao) that trade shares and convertible bonds and fixed income securiti ...

, and remains the largest company in the private security industry in Spain. In March 2017, Prosegur demerged its cash business, which listed separately on the

, Prosegur Cash remains majority owned by Prosegur.

Global presence

Prosegur operates in 26 countries across four continents. Prosegur's entry into new markets, and subsequent expansion has often been through acquisition. Its operations grew initially through Spain, Portugal and Latin America, but have since expanded to other parts of Europe and Asia. In December 2013, Prosegur entered the Australian market with the acquisition of the second largest cash in transit business in the country, the Australian division of

Chubb Security Chubb Fire & Security Ltd is a British firm specialised in fire protection and security systems, and is a subsidiary of APi Group Corporation (NYSE: APG). History The company was founded by Charles and Jeremiah Chubb, who patented their Chub ...

for A$145 million (€95 million) Prosegur holds a market leading position in many of the countries in which it operates, including Spain, Brazil and Germany. In April 2017, Prosegur's office in

Ciudad del Este Ciudad del Este (, Spanish for Eastern City; often shortered as CDE) is the second-largest city in Paraguay and capital of the Alto Paraná Department, situated on the Paraná River. It is located 327 km from Asunción, the capital, and is a ...

was robbed in " the biggest heist in Paraguay's history".

Social responsibility

Prosegur actively promotes socially responsible practices. Examples include: * It has been awarded the "Top Employer" award in Spain and Brazil by the Top Employers Institute in 2013 * It is a signatory of the

UN Global Compact The United Nations Global Compact is a non-binding United Nations pact to encourage businesses and firms worldwide to adopt sustainable and socially responsible policies, and to report on their implementation. The UN Global Compact is a princ ...

* It has established the Prosegur Foundation, with a focus on education and social and employment integration for disabled people and corporate volunteer work * It is a member of the

FTSE4Good The FTSE4Good Index Series is a series of ethical investment stock market indices launched in 2001 by the FTSE Group which reports on the performance of companies which demonstrate "strong Environmental, Social and Governance practices". A numb ...

IBEX index

References

External links

*
Implementation security concept
(in German) {{Authority control Business services companies established in 1976 Companies listed on the Madrid Stock Exchange Companies based in Madrid Security companies of Spain Spanish companies established in 1976